Babcock & Wilcox secures $15m environmental equipment contract in Middle East
Babcock & Wilcox (B&W), listed on NYSE under the ticker BW, announced today that its B&W Environmental segment has clinched a significant contract valued at approximately $15 million. This deal involves supplying environmental equipment to an industrial facility in the Middle East, reinforcing B&W’s standing as a frontrunner in environmental solutions globally.
This contract underscores B&W Environmental’s comprehensive expertise in environmental technologies, which cater to a broad spectrum of industries including power generation, industrial facilities of various scales, and sectors such as oil and gas, petroleum refining, and petrochemicals. “We are proud to have earned a reputation as a leading provider of environmental products, services, and technologies for the global energy industry,” said Jimmy Morgan, B&W Executive Vice President and Chief Operating Officer.
Morgan highlighted the significance of the contract, stating, “This contract further demonstrates our extensive experience and expertise in the design, engineering, and manufacturing of high-performance environmental solutions for the global market.” The deal marks another milestone for B&W in its mission to deliver sustainable and efficient environmental solutions.
B&W Environmental is known for its wide array of emissions control and environmental technology solutions. These include cooling systems, ash and material handling, chemical looping for carbon control, wastewater treatment, and advanced equipment for reducing particulates, mercury, nitrogen oxides, sulfur dioxides, acid gases, and other emissions. The company’s commitment to innovation and sustainability in environmental management systems continues to attract significant contracts such as this one.
Babcock & Wilcox (B&W) is a leader in energy and environmental technologies and services for the power and industrial sectors globally. With operations spread across multiple countries, B&W continues to drive innovation in the areas of clean energy and environmental performance solutions.